badly in the labor market in the sense of long-term unemployment or low annual earnings lack noncognitive but not cognitive …

find that individuals with higher measured intelligence and self-confidence are more likely to be entrepreneurs …. Furthermore I present evidence suggesting that intelligence and self-confidence affect business ownership through two different … channels: intelligence increases business survival while self-confidence increases business creation. Finally, once we control …

factor shares turn in favour of wages, when unemployment falls. The only important prerequisite for this result is that money … wages are treated as downward rigid. The analysis remains valid when firms experience constant returns to labour in the … partly determined by the unemployment stock. As intuition says the share of wages in value added increases with the stock of …

performed, wages should in principle reflect productivity differences and that it is more difficult to discriminate on the basis …

performed, wages should in principle reflect productivity differences and that it is more difficult to discriminate on the basis …

for background dependent earnings patterns within occupations and show that a very compressed wage structure can cause …

depressing effect on their relative wages through world goods prices. In contrast, in the Heckscher-Ohlin model with small open … economies, the skill-bias of local technological changes do not affect wages. Thus, pervasiveness deals with a major criticism … employed despite rising or stable relative wages. Second, increases in demand for skills were concentrated in the same …